En­docrine ex­perts at Cri­net­ics bag $63.5M to push R&D on an ex­per­i­men­tal pill for acromegaly

It’s been more than two years since Cri­net­ics bagged its $40 mil­lion launch round to get start­ed on pipeline build­ing. And now that they’re in­to the clin­ic with their first drug, they just scored an ex­tra $63.5 mil­lion to pur­sue some clin­i­cal proof-of-con­cept da­ta to show the world if they’re on the right track.

San Diego-based Cri­net­ics was found­ed by three key play­ers out of Neu­ro­crine Bio­sciences: CEO R. Scott Struthers, VP of chem­istry Frank Zhu and Stephen Betz, the VP of bi­ol­o­gy.

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